154 Broadway Somerville, MA 02145
- Retail properties
- 30,000 SF
Current Use by Public Records
- Construction Managers/Devlprs / General Contractor
Property Details for 154 Broadway
- Year built
- 2024
- Property size
- 30,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 30,000 square foot, five-story building, constructed in 2024, offers a unique opportunity for businesses seeking modern office space in a vibrant location. Located within Somerville's newest luxury mixed-use apartment complex, The Guild, this property boasts 4,100 square feet of immediately available space, divisible to a minimum of 2,050 square feet and a maximum contiguous space of 4,100 square feet. The space is situated on the ground floor, providing excellent street visibility and accessibility. The building features two total suites. Its prime location offers exceptional visibility, high car and foot traffic, and proximity to major transportation arteries. Less than a mile from the planned Union Square development (3.6 million square feet of biotech/lab space and 1,000 new residences), this property benefits from its strategic position near public transportation, including bus lines and the Green Line extension, and easy access to Sullivan Square, Union Square, and Route 93. The property is also minutes from Assembly Row and Boston. Leasing rates start at $30 per square foot, with lease terms to be negotiated. The space is adaptable and can be customized to suit tenant needs. This is an unparalleled opportunity to establish a presence in a thriving, rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somerville
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.0884
- Latitude
- 42.3931
